NEVERGIVEUP AS

2821 GJØVIK

Finances

Return on Equity

−71,76 %

Current Ratio

1,19

Debt-to-Equity Ratio

2,06

Key figures (NOK)	2022	2021	2020	2019
Revenue	27 000	548 000	1 660 000	1 913 000
Net Income	−3 196 000	5 961 000	−82 000	−1 512 000
Total Assets	14 058 000	16 791 000	3 372 000	3 592 000
Total Equity	4 454 000	7 624 000	1 664 000	1 746 000

Income (NOK)	2022	2021	2020	2019
Revenue	27 000	548 000	1 660 000	1 913 000
Expenditure	2 306 000	834 000	1 728 000	2 642 000
Operating Profit	−2 280 000	−286 000	−68 000	−729 000
Financial Income	217 000	6 381 000	18 000	56 000
Financial Costs	826 000	230 000	34 000	974 000
Financial Balance	−609 000	6 151 000	−16 000	−918 000
Earnings Before Tax	−2 889 000	5 865 000	−84 000	−1 648 000
Tax	308 000	−95 000	−2 000	−136 000
Net Income	−3 196 000	5 961 000	−82 000	−1 512 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	13 574 000	8 190 000	3 043 000	2 880 000
Total Current Assets	485 000	8 601 000	329 000	713 000
Total Assets	14 058 000	16 791 000	3 372 000	3 592 000
Total Retained Equity	4 419 000	7 589 000	1 629 000	1 711 000
Total Equity	4 454 000	7 624 000	1 664 000	1 746 000
Total Long-Term Debt	9 195 000	8 955 000	0	100 000
Total Current Debt	409 000	212 000	1 708 000	1 746 000
Total Equity and Debt	14 058 000	16 791 000	3 372 000	3 592 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	27 000	523 000	1 660 000	2 003 000
Other Income	0	25 000	0	−90 000
Revenue	27 000	548 000	1 660 000	1 913 000
Cost of Goods Sold	1 000	106 000	50 000	58 000
Salary Costs	470 000	963 000	71 000	1 806 000
Depreciation	20 000	7 000	7 000	9 000
Impairment	0	0	0	0
Expenditure	2 306 000	834 000	1 728 000	2 642 000
Operating Profit	−2 280 000	−286 000	−68 000	−729 000
Financial Income	217 000	6 381 000	18 000	56 000
Financial Costs	826 000	230 000	34 000	974 000
Financial Balance	−609 000	6 151 000	−16 000	−918 000
Dividends	0	0	0	0
Net Income	−3 196 000	5 961 000	−82 000	−1 512 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	308 000	212 000	136 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	193 000	14 000	21 000	29 000
Total Tangible Assets	193 000	14 000	21 000	29 000
Total Fiancial Fixed Assets	13 381 000	7 869 000	2 809 000	2 716 000
Total Fixed Assets	13 574 000	8 190 000	3 043 000	2 880 000
Stock	0	0	0	0
Total Investments	0	2 685 000	0	0
Cash, Bank	365 000	1 152 000	25 000	544 000
Total Current Assets	485 000	8 601 000	329 000	713 000
Total Assets	14 058 000	16 791 000	3 372 000	3 592 000
Total Equity	4 454 000	7 624 000	1 664 000	1 746 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	9 195 000	8 955 000	0	100 000
Creditors	2 000	−4 000	60 000	43 000
Unpaid Taxes	19 000	30 000	9 000	81 000
Dividends	0	0	0	0
Other Current Debt	388 000	186 000	1 564 000	1 488 000
Total Current Debt	409 000	212 000	1 708 000	1 746 000
Total Equity and Debt	14 058 000	16 791 000	3 372 000	3 592 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−71,76 %	78,19 %	−4,93 %	−86,6 %
Debt-to-Equity Ratio	2,06	1,17	0	0,06
Operating Profit Margin	−8 444,44 %	−52,19 %	−4,1 %	−38,11 %
Current Ratio	1,19	40,57	0,19	0,41
Quick Ratio	1,19	40,57	0,19	0,41
Equity Ratio	0,32	0,45	0,49	0,49
Gross Profit Margin	96,3 %	80,66 %	96,99 %	96,97 %